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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Rhode Island Bill Would Spur Electric Competition

LCG, Feb. 27, 2002--A bill introduced by Rhode Island lawmakers would attempt to make lower power prices available to the state's small power users.

House Speaker John B. Harwood, D-Pawtucket, and Rep. Brian P. Kennedy, D-Hopkinton, say that the proposed legislation is meant to succeed in ways that the Utilities Restructuring Act of 1996 did not. Since, 1998, customers have been able to choose a supplier other than Narragansett Electric.

Marketers are generally not seen as being as willing to court consumers as they are large businesses, due to the relatively high cost needed to attract a small amount of additional consumer sales. One part of the bill would allow municipalities to solicit bids from suppliers on behalf of their residents, and switch all residents' to the least expensive supplier except for those who opted not to be switched. Thirty-four Rhode Island towns are already realizing savings based on a deal negotiated by the Rhode Island League of Cities and Towns for a duration of five years beginning in 1999.

Despite the bill's focus on allowing aggregation of tens of thousands of customers, it would also give individual customers an option to select higher-priced "green power" produced from renewable resources.

Rate structures would have to reflect different time-of-day costs. In Washington state, a move to higher charges for customers during day-time peak periods have coincided with a shift in power usage towards off-peak periods, when lower prices are in place.

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